Chinese stocks are outpacing global peers by the widest margin in eight years, in a sign that policymakers’ efforts to revive the market are bearing fruit even as many foreign investors hesitate to return.
The MSCI China index has surged 35 per cent this year, compared with a 14 per cent gain in the MSCI World index of developed market stocks, the largest margin of outperformance since 2017.
This year’s rally comes after many global fund managers last year branded China — whose stock market had been in near-constant decline since peaking in early 2021 — “uninvestable”, following a government crackdown on the private sector and a long-running real estate crisis.
您已阅读11%（668字），剩余89%（5575字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。